Ticker

France and Belgium inject more billions to save Dexia bank

Belgium's finance ministry confirmed Thursday a deal with France to pump an additional €5.5bn into saving Dexia bank, of which Belgian tax-payers are to pay 53%. Last year the bank received €6.4bn in public funds to stay afloat. The capital injection require approval from Dexia shareholders and the European Commission.

Opinion

Two years on from the highly-controversial EU-Turkey deal, many thousands of refugees are still trapped on Greek islands. One of them offers an open invitation to EU leaders to see their inhospitable conditions at the Moria refugee camp on Lesbos.

Interview

The controversy over the new EU Commission top civil servant is revealing of what is wrong with EU institutions and how they are blocked by national governments, says award-winning Austrian novelist Robert Menasse.